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EOS price emits mixed signals - Forecast today - 28-10-2024
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EOS price emits mixed signals - Forecast today - 28-10-2024
Nov 3, 2024 12:46 PM

EOS/USD currency price edged lower in the intraday levels, amid negative pressure from trading below the 50-day SMA, and amid the dominance of the main downward trend in the medium term, as the price trades alongside the secondary short-term trend line, but countered by positive signals from the RSI after reaching oversold levels there, with the price trying to vent off some of that saturation.

Therefore we expect the price to decline and target the pivotal support of $0.4318, provided the resistance of $0.5482 holds on.

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